Mothercare’s non-executive directors Richard Rivers and Lee Ginsberg are looking to step down after the company’s annual general meeting next month.
Rivers would be entering his 11th year in the role but will not be standing for re-election. Mothercare said it will be commencing a search for a senior independent non-executive director to replace Rivers once it has completed its fundraising.
Clive Whiley, chairman of Mothercare, said:"I would like to thank both Richard and Lee for their contributions to Mothercare over the past decade and wish them both well. I am delighted that Nick Wharton has taken on the role of audit and risk committee chair.”
